Eating skewers while watching a performance, 0.45 each, eat as much as you like
So, in ordinary life, as a low-material-desire trader like me, I'm already very satisfied. I often tell others that I'm a mouse person because lowering my threshold makes my expectations much lower when trading, and I won't be so anxious about gains and losses.
Life is easy to transition from frugality to luxury, but difficult to go from luxury to frugality. I always consider whether I can still afford my current consumption level when I am down and out, and reducing fixed expenses actually gives me more flexibility.
Recently, I've been playing with financial management and not considering extreme bottom-fishing for rebounds. I wait until the bottom is confirmed before playing, enjoying the fish head market.
Adjust your mindset and start anew!
A good sword needs to be forged with true gold and fire, hundreds of hours of forging. Believe in yourself! Keep it up, $ETH friends ❤️
Running from the underground to the top floor takes an hour; jumping down from the rooftop only takes eight point eight seconds——The revelation from 'Blooming Flowers': The ups and downs of life in Crypto
Yesterday, I came across the moment of the insider brother’s liquidation on @Hyperbotai, and my thoughts were suddenly drawn far away, giving rise to countless waves. Looking back at 2023, I had just worked for 2 years, and my biggest wish was to save up 500,000 RMB. In 2024, I accidentally entered the door of Crypto, and my entire worldview instantly collapsed and was reshaped. After experiencing the frenzy of Solana memes, I saw the wealth myths related to Trump, and my originally simple view of money began to distort, both excited and uneasy, with the three poisons of greed, anger, and ignorance quietly intertwined, escalating more and more. In the months from the end of 2024 to the beginning of 2025, I was under high-pressure research and investment every day, with only a few thousand U in hand, desperately looking for high-multiplication opportunities on the chain. To grab a pre-sale, I could stay up until 6 or 7 in the morning. I remember participating in @daosdotworld and getting on a whitelist; 1 ETH eventually sold for 10 ETH, and that profit of more than 20,000 U made me so excited that I trembled.
Yili Hua (Trend Research / LD Capital)'s ETH leverage position is one of the current market focuses. Its liquidation price (settlement price) is based on the latest on-chain data and community analysis (as of January 31 to February 1, 2026), the mainstream consensus is as follows:
Current most reliable extreme liquidation price: approximately $1,558 (1,558 USD). - Source: ChainCatcher, BlockBeats, and several other media reports, Trend Research has collateralized approximately 175,800 WETH (worth about $445 million) on Aave V3, borrowing approximately 274 million USDT, with a health ratio of 1.34. - If ETH extreme dips to $1,558, liquidation may be triggered (margin can still be supplemented during market decline). - Yesterday, 109 million USDT was withdrawn from Binance and deposited into Aave to actively reduce leverage, showing proactive maintenance of the position.
Theoretical/early calculated liquidation price (partially based on older data with larger collateral scale): - Common calculation: $1,860–$1,904 (1,860-1,904 USD). - Logic: Collateralizing approximately 651,400 ETH, total borrowing of about 1.0295 billion stablecoins, Aave liquidation threshold 0.83 (LTV ≈ 83%). - Formula: Liquidation price ≈ Total borrowing ÷ Collateral ETH quantity ÷ 0.83 ≈ 1,904 USD. - If additional funding reduces leverage (borrowing down to 980 million), it can drop to around 1,813 USD. - Some community views mention $1,866 (1,866 USD) as a "cut-off line," triggering voluntary deleveraging (leverage from 1.1 billion to 1 billion), with the death spiral alarm sounding, but the actual liquidation line is lower.
Why are there differences in data? - Yili Hua's position is dynamic: part of it is actively deleveraging (withdrawing funds to repay debts), and the scale of collateral/borrowing is adjusting. Early reports calculated theoretical values using 650,000+ ETH full collateral, and after splitting/optimizing, the extreme liquidation price dropped to $1,558. - However, once close to 1,800-1,900, the risk of forced liquidation + chain reaction is significant, potentially accelerating a drop to 1,500-1,700 or even lower. - If ETH cannot hold 2,500-2,600, it is likely to test 1,900-2,000; but the probability of a direct drop to 1,558 is low unless an extreme black swan event occurs (he is likely to continue to rescue or partially cut losses). - Some community opinions suggest that falling below 2,500 may force him to sell off significantly, leading to a second crash, but others believe that 1,500-1,800 is a reasonable target for the first half of the bear market.
Due to X disabling the API, Kaito, which is at the forefront, has welcomed its first transformation project on Launchpad: Bitway @BitwayOfficial
Kaito Launchpad, TGE unlocks 50%, FDV is 80M.
Interestingly, Bitway's seed round financing amounted to 4.44M USD (the number is quite special), led by Tron DAO and HTX Ventures. Bitway Earn chose to launch on the BNB Chain, which I think is a very smart decision. Considering the collaboration between Bitway and Binance Wallet Booster, Bitway can be seen as a project that has received multiple resource injections.
The BNB Chain is substantial, and the user base is large; these are almost essential conditions for a yield-generating product.
Bitway transforms a yield strategy originally intended for institutions and PRO players into an on-chain product, making it available to ordinary users.
YZi Labs incubated and invested in Bitway in 2025, with the founding team having experience in on-chain infrastructure and crypto finance. Co-founder @shaneqiu was a core member of early Binance Labs, having managed eco-funds of over a hundred million dollars, and also possesses experience in quantitative asset management and risk control, making him a practical founder with both first-level investment experience and long-term execution in secondary strategy.
Looking back at the previous @APRO_Oracle, which was also incubated and invested by YZi Labs, it ultimately completed the graduation path from Alpha to Spot.
In the past, YZi has followed this path with wealth management projects like Zerobase and Treehouse, which have subsequently graduated smoothly. The selected projects by Binance Wallet Booster serve as a continuous assessment of the execution capability and overall strength of the project parties.
Currently, Bitway has also deeply integrated with Binance Wallet and entered the Booster. The value of the Booster doesn't need much explanation: real wallet traffic, real capital behavior data, and direct entry into the core observation area of the Binance ecosystem. The overall quality of Binance Wallet's Booster projects this year has been quite good.
This time, the 20M USDT quota for the Booster was snapped up in 5 minutes, and Kaito's ICO quickly oversubscribed, with the overall market response being quite positive.
For those who missed out, there's no need to rush; you can still go to app.bitway.com
Deposit USDT to earn BW points; the overall expectations remain fairly clear.
Seeing Solana's 𝕏 Smart Cashtags directly points out @bonk_inu with a vague feeling that it might be a good time to buy some $BONK
@bonkfun has also recently changed its mechanism:
- BONK Classic: Zero creator fees (creator fees = 0%), no CTO authority (cannot take over later), total swap fee is only 0.30%, and most of the fees are directly reinvested into the liquidity pool.
The design is very 'user-friendly', similar to the low fees + strong liquidity model that emerged with meme coins on Raydium in 2024, aiming to attract long-term projects that genuinely want to build communities, making token liquidity more abundant; this model can bring retail/grassroots battles back to a fair competition state.
- BONKERS: Retains creator fees but improves distribution—an additional 0.5% creator fee (total swap fee about 0.8%), fees are settled uniformly in USD1 stablecoin (no more chaotic dual tokens), and the CTO function remains.
On the @AxiomExchange platform, the two types of tokens (Classic vs BONKERS) are distinguished by color, allowing traders to identify them at a glance without needing extra research, which is quite user-friendly.
BONK Inc. (stock code BNKK, related entity in the US stock market) also released news in early January stating that: the BONK.fun platform's revenue exceeded $1.5 million in the first 11 days, with an average of $136,000 per day, which is 36% higher than the internal target.
Overall, I still have a positive outlook on $BONK
When the altcoin season arrives, it should easily double, as the team has been consistently making moves 🫡
The current price is definitely the price before $LIT had not yet started hedging, because the airdrop query and rules have not yet been released. Once officially released, everyone will know the true direction. Those with low costs (real farmers) will not hedge, they will only sell directly. Costs range from 3u to 10u, and those with poor strategies even exceed 10u. This situation is completely different from XPL; XPL's cost is inherently high, and the return ratio cannot be compared to LIT at all. One is about making money while the other is about taking risks. In XPL's hedging, I hedge my principal, while in LIT's hedging with low principal, hedging increases risk. If you only spend 10u or even less to obtain the coin, and now 1 point is worth 70u, for small investors, no matter how you calculate it, it’s a big profit, so there’s no need to hedge and take risks. If you hedge and get wrecked, it will be even more of a loss.
I have completely liquidated my positions in Monad, accumulating losses of over a hundred thousand dollars, but I don't feel sad; rather, I am contemplating the future of the public chain ecosystem through these losses. My last long position in Linea also ended in failure, and this time betting on Monad seems equally 'worrisome'. I must admit that the current market game has essentially evolved into a capital game: projects with capital advantages manipulate the market, driving up prices and shorting or harvesting liquidity using extreme rates. People are no longer obsessed with ideals and long-term visions. Short-term trading only chases emotions, and fundamental analysis and so-called profit models (PE) have been cast aside.
The story of Ru7, an ordinary girl entering the cryptocurrency world
Before entering the cryptocurrency world, I did countless odd jobs in Beijing, taking on numerous part-time positions… On a snowy day, I worked as a student at the COS store in Fangcaodi, earning only 17.5 yuan per hour. On Christmas Eve, at the pop-up store in Blue Harbor, I saw a sky blue handmade cashmere coat priced at 5400 yuan, and I still remember it clearly. I liked it so much, but I simply couldn't afford it. Every time I passed by, I would go in and try it on. The coat fit unbelievably well, as if it were tailor-made for me. So perfect, yet so unattainable. Later, I mustered the courage to message my mom, asking if I could borrow money to buy it, and she replied: “Little kid, you can’t wear such expensive clothes.”
RU7 Perspective | About xStocks and 'On-Chain US Stocks'
Recently, many people have been talking about 'on-chain US stocks', but what has always been truly important is not how to 'move stocks onto the chain'. The real watershed is: whether there is a set of structures that can be accepted by the entire industry and can exist in the long term. Many on-chain US stock solutions have issues in that they remain at the stage of 'the concept is correct', which we refer to as talking big without action. Recently, Kraken acquired BackedFi (xStocks) @xStocksFi, and in my opinion, this is a very clear signal: exchanges are also increasing their investment in on-chain US stocks, which is a very important aspect of RWA-Fi.
The prediction market is stirring with waves, Polymarket and Kalshi are evenly matched
Currently, the major prediction markets @Polymarket @Kalshi @opinionlabsxyz are competing against each other @opinionlabsxyz has already captured a large market share, as seen in the Dune pie chart which accounts for 8.1% Recently, the new dark horse @predictdotfun has a good idea Position interest-generating function provided by Venus, where the assets for opening positions will automatically be stored in the lending platform Is the future of the prediction market going to explore prediction-fi? While betting, the assets being bet on can also be used as collateral for lending, realizing liquidity without needing to sell, thus increasing capital efficiency There is also a protocol experiment on Polymarket, Gondor.fi, which is a DeFi layer protocol specifically built for prediction markets, currently mainly integrated with Polymarket